ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of July 26, 2007 No. 633

About dividends on the state blocks of shares and the income on the state shares in the organizations

According to article 186 of the Law of the Republic of Kazakhstan of March 1, 2011 "About state-owned property" the Government of the Republic of Kazakhstan DECIDES:

1. Determine that:

1) joint-stock companies - the national holdings specified in appendix 1 to this resolution perform charge of share dividends according to the decision of the state body representing the interests of the state as the shareholder, taking into account recommendations of specialized councils on questions of the public corporate management under the Government of the Republic of Kazakhstan (in case of their availability);

1-1) joint-stock companies "National welfare fund "Samruk-Kazyna" perform charge of share dividends according to the decision of the Government of the Republic of Kazakhstan;

1-2) joint-stock companies "National managing holding "Kazagro" perform charge of share dividends according to the decision of the state body representing the interests of the state as the shareholder, in the amount of at least 10 (ten) percent from net income;

1-3) joint-stock companies "National managing holding "Bayterek" which hundred percent of shares is in republican property direct to dividend payout on the state block of shares 5 (five) percent from net income following the results of 2018 - 2021;

1-4) Fund of the Problem Credits joint-stock companies which hundred percent of shares is in republican property direct to dividend payout on the state block of shares of 0,1 (zero whole the one tenth) percent from net income following the results of 2016;

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